State Farm is asking the California Department of Insurance for another rate hike, this on top of a 20 percent rate increase approved last year. The company wants to hike rates 30 percent on California homeowners, 36 percent on condo owners, and 52 percent on renters insurance. None of these rate increases are a done deal yet. They still have to be approved by the California Department of Insurance, a process that could trigger hearings and stretch on for months. “It's critical to understand that nothing changes today for State Farm policy holders,” said Michael Soller, a spokesperson for California Department of Insurance. FULL STORY: https://www.cbs8.com/article/news/local/state-farm-asking-30-increase-homeowners-rates-ca/509-d2167802-741a-40da-9439-b35502cd1aae